Saxo Bank Launches Historic Spreads Tool

HELLERUP, Denmark, October 19, 2012 /PRNewswire/ --

Saxo Bank, the online trading and investment specialist, has launched a new tool on Saxobank.com that allows traders to see the average spread as well as minimum/maximum spread over a historical time period and sort them by volume and time of day. The tool is available on the website and allows traders to adjust the settings to view data that is specific to their particular trading style.

Mikael Breinholst, Global Product Manager, Saxo Bank comments: "There is more to FX pricing than the raw spread. The launch of our Historic Spreads tool provides both transparency of pricing and best execution to clients. The tool enables traders on our platforms to view exactly what Saxo Bank has delivered in the past, which they can use to optimise their trading strategies."

Saxo Bank is a leading online trading and investment specialist. A fully licensed and regulated European bank, Saxo Bank enables private investors and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via three specialised and fully integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application available in over 20 languages. Saxo Bank also offers professional portfolio and fund management through Saxo Asset Management who accommodates high-net worth private clients and institutional investors and provides banking services and advice to retail clients through Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East, Latin America and Australia.